Alicia Esperanza

Alicia is a 52 year old woman. She’s a single mother; her son is 20 years old. They live together in Santo Domingo, a canton in Santo Domingo de los Tsáchilas Province which is one of Ecuador’s most densely populated. It is very popular in that it has several monuments spread through the city among which is the Monument to the Red Indian, a sector known as “Y del Colorado.” Santo Domingo is a privileged canton with marvelous, hardworking, enterprising people who strive tirelessly to develop and make progress. They always receive tourists with open arms and take them to visit the marvels of its culture and surroundings.

Alicia has owned a small kindergarten (educational center for infants) for 15 years located in the parish where she lives. She works together with a preschool teacher she employs. Alicia wants to upgrade the furniture because what she has now has several years of usage already. With this, she hopes to better serve her little customers and thus give them good care.

She needs a loan to carry out this renovation. This isn’t her first loan. She’s had previous group loans but this will be her first individual loan. One can see that this businesswoman has grown thanks to micro financing.

Her dream is to obtain a Master’s in Education to have a better quality educational center not only to earn higher income but because her vocation is providing children with their initial learning.

Additional Information

About Fundación Alternativa

Fundación Alternativa encourages entrepreneurship and provides sustainable financial and non-financial services that promote social and economic development in Ecuador. The organization focuses on serving poor and excluded populations through analysis of clients' living conditions and by providing business training and other support services in urban, rural and marginalized parts of the country.